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Business Statistics in Practice Study Set 1
Quiz 5: Continuous Random Variables
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Question 141
Essay
Find z when the area to the left of z is .6700
Question 142
Essay
While conducting experiments, a marine biologist selects water depths from a uniformly distributed collection that vary between 2.00 m and 7.00 m. -What is the probability that a randomly selected depth is within 1 standard deviation of the mean?
Question 143
Essay
The yearly number of dental claims for the employees of the local shoe manufacturing company is normally distributed with a mean of 105 and a standard deviation of 35.What is the yearly number at which 35% of the employees fall at or below?
Question 144
Essay
Find z when the area between 0 and z is .4750
Question 145
Short Answer
The price of an energy sports drink is normally distributed with an average of $2.25 and a standard deviation of $0.15 across store outlets. -What is the probability that a randomly selected drink will cost more than $2.50?